Which of the following is true about strategic planning?

A. It is conducted at the lowest levels of management.

B. It deals with a company's products and capital.

C. It excludes the research component of a company.

D. It is designed to solely address marketing and advertising questions at the local level.

E. It is most commonly referred to as market planning.

Question

Business

Wade Velazquez

7 August, 03:27

Which of the following is true about strategic planning?

A. It is conducted at the lowest levels of management.

B. It deals with a company's products and capital.

C. It excludes the research component of a company.

D. It is designed to solely address marketing and advertising questions at the local level.

E. It is most commonly referred to as market planning.

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Answers (1)

Know the Answer?

Cowboy · Answer 1

B. It deals with a company's products and capital.

Explanation:

Strategic planning is planning done at the highest levels of the management and deals with the products, and capital, the research, and the long, short term goals of a company. The tactical planning pertains to a specific action which is the provision of resources used to implement their goals in specific markets.